I currently have Desktop Pro 2019. I need to change my company file from a fiscal year end to a normal year end. Can someone let me know how to accomplish this?

Glad to have you here, @Anonymous.

Having a correct year-end is important for keeping an accurate reports and business snapshot. I'd be delighted to make sure you're able to update the accounting period of your company file in QuickBooks.

To eliminate any confusion on what accounting period you're using, the calendar year will specifically state the beginning and end dates covered by the report or financial statement you generate. QuickBooks Desktop uses the calendar year beginning in January as the default fiscal year or accounting period for your records unless you enter a different starting month. Just make sure to select January as your starting month for the reporting schedule and December 31 as the last day of reporting.

Here's how you can update your QuickBooks reporting information:

1. Go to Company.
2. Select My Company.
3. Click the Pencil icon.
4. Choose Reporting Information.
5. Select the first month for your Calendar year (January).

Once completed, you can run reports to show data for Calendar year (from January1 - to December 31).

Let me know how it works on your end. I'm always here to help you customize the year-end reporting calendar in your account.

I have a client switching from a June 30 fiscal year to a Dec. 31 calendar year.  WHEN should they change Fiscal Year/Tax Year months to January?  They will have a short year (July1 - Dec. 31).  Should they do it in July or wait until December 2019/January 2020?

Susan

Something happened when I upgraded to Quickbooks 2019 for Mac. My main company has a fiscal year end of June 30, but now it is a calendar year end.

I’ve seen your explanation on how to adjust the beginning year date, but there is no “My Company” selection under the company pull down menu.

Please advise.

Tom

Thank you for joining into this thread, @tomread2!

You can change the beginning year date of your fiscal year from your Company Preferences. I'll be happy to help you accomplish this.

1. Go to QuickBooks.
2. Select Preferences.
3. Click My Company.
4. Select the appropriate beginning month of your fiscal year.
5. Click OK.

To add, you can read our QuickBooks for Mac 2019 User’s Guide for additional insights. Just go to the Reports - FAQs section on page 207.

In case you need some related articles for your future tasks, you can visit our QuickBooks Desktop for Mac Help Articles page for reference.

If there's anything else that I can help you with, please let me know in the comment section down below. I'll be always around ready to help.